Adventures in Bubbleville – finfluencers, Reddit and other market madness

<p>Morningstar’s Mark LaMonica describes himself as a ‘lonely bear in a bull market’ – despite having most of his wealth in equities. With decades of experience analysing markets and equities, he’s seeing signs of a bubble – or bubbles – everywhere. So what does an investor need to look out for?</p> <p>As markets return to their highs, Mark joins Your Wealth to discuss:</p> <ul><li>What finfluencers, Reddit boards and stonk memes have in common with previous bubbles</li> <li>Whether social media is feeding excessive prices for assets of all kinds</li> <li>Why the latest ‘financial experts’ are only a couple of textbook pages ahead of their students</li> <li>How lack of experience can be dangerous, and</li> <li>How to avoid the excesses, and still grow your wealth and knowledge.</li> </ul> You can access this and previous episodes of the Your Wealth podcast now on <a href='https://itunes.apple.com/au/podcast/your-wealth/id1325928571?mt=2&i=1000408628427'>iTunes</a>, <a href='https://nabtrade.podbean.com'>Podbean</a>, <a href='https://open.spotify.com/show/0AT15JJWlVfnX7JkeLndrb'>Spotify </a>or at <a href='https://www.nabtrade.com.au/yourwealth?ID=4826281763563771838'>nabtrade.com.au/yourwealth</a>   <p>If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.</p>